NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,136,000

4 Beds
2 Baths
2,112 Sq Ft
$505/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,300,000 $616 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $6,270/month

4 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Solid Surface Countertops
  • Deck
  • Wood Flooring
  • 4-minute walk to Playstead Park

About This Home

As of June 2024

Nestled in the sought-after neighborhood of West Medford, this lucrative multifamily residence offers an exceptional investment opportunity. Consisting of two well-maintained units, this property is perfect for both owner-occupied living and investment-focused buyers. Every aspect of this property exudes quality and attention to detail. With ample parking space and a convenient location near shops, restaurants, and public transportation, this property is truly a gem in the heart of West Medford. Whether you're looking for a place to call home or seeking a lucrative investment opportunity, this multifamily residence offers the best of both worlds. Don't miss your chance to own a piece of this desirable neighborhood! Please submit all offers with attachments signed by 4 pm Monday May 20, 2024.

Last Agent to Sell the Property

Shannon Henderson

eXp Realty Listed on: 05/17/2024

eXp Realty

Last Buyer's Agent

Team Pratt

RE/MAX On the Charles

RE/MAX On the Charles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1920

Lot Details

  • 4,200 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Storm Windows

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit

Schools

  • Brooks Elementary School
  • Lottery Middle School
  • Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $4,600
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 634702
  • Tax Block 0025

Community Details

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $2,200
  • Net Operating Income $55,200

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Storage, Ceiling Fan(s), Floored Attic, Stone/Granite/Solid Counters, Open Floorplan, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer & Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Living Area: 2112
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: BB3298
  • MAIN SO: AC1264

Exterior Features

  • Exterior Features: Balcony/Deck, Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas, Other (See Remarks)

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, T-Station, Other, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 634702
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level, Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4200
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7331
  • Tax Block: 0025

Multi Family

  • Net Operating Income: 55200
  • Number Of Units Total: 2
  • Operating Expense: 2200
  • Total Actual Rent: 4600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

  • High School: Medford High
  • Elementary School: Brooks
  • Middle Or Junior School: Lottery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2025
Sold by
Shakya Muna and Shakya Subarna
Bought by
Mssbs Llc
Current Estimated Value
$1,066,965

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 27, 2024
Sold by
Walsh Colin and Walsh Ann-Marie
Bought by
Shakya Muna and Shakya Subrana
Seller's Agent
Shannon Henderson
eXp Realty
Buyer's Agent
Team Pratt
RE/MAX On the Charles
List Price
$1,049,000
Sold Price
$1,300,000
Premium/Discount to List
$251,000
23.93%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.90%
Original Mortgage
$400,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2015
Sold by
Walsh Colin and Walsh Ann-Marie
Bought by
Walsh Colin and Walsh Ann-Marie

Purchase Details

Closed on
Jun 22, 2010
Sold by
Walsh Maureen Mullane
Bought by
Walsh Colin and Guaragna Ann-Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1999
Sold by
Galvin Daniel and Galvin Nancy
Bought by
Walsh Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1994
Sold by
Katz Bruce D and Samson Robert N
Bought by
Galvin Daniel and Galvin Mary

Purchase Details

Closed on
Oct 9, 1987
Sold by
Zermani Domenic
Bought by
Katz Bruce David
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mssbs Llc -- --
Mssbs Llc -- --
Shakya Muna $13,000,000 None Available
Shakya Muna $13,000,000 None Available
Shakya Muna $13,000,000 None Available
Walsh Colin -- --
Walsh Colin -- --
Walsh Colin -- --
Walsh Colin $500,000 --
Walsh Colin $500,000 --
Walsh Maureen M $334,000 --
Galvin Daniel $205,000 --
Katz Bruce David $234,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shakya Muna $400,000
Previous Owner Walsh Colin $400,000
Previous Owner Katz Bruce David $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,300,000 +23.9% $616 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $1,049,000 -- $497 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,231 $935,300 $429,900 $505,400
2024 $7,569 $888,400 $409,400 $479,000
2023 $7,331 $847,500 $382,600 $464,900
2022 $7,322 $812,700 $347,800 $464,900
2021 $6,932 $736,700 $331,300 $405,400
2020 $6,824 $743,400 $331,300 $412,100
2019 $6,497 $676,800 $301,100 $375,700
2018 $6,193 $604,800 $273,700 $331,100
2017 $5,832 $552,300 $255,900 $296,400
2016 $5,679 $507,500 $232,600 $274,900
2015 $5,403 $461,800 $221,600 $240,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239753

MLS Property Information Network (MLS PIN)

APN: MEDF-000003-000000-J000025